Dave5

The US national debt has ballooned so fast to $35.3 trillion – by $12.0 trillion since January 2020 – that it’s mindboggling, especially in a growing economy. And every single one of the Treasury securities that form this colossal debt was bought and is held by some investor, and we’re going to look at those entities that hold this Treasury debt.

https://www.nakedcapitalism.com/2024/09/who-holds-all-these-us-treasuries-update-on-the-investors-in-the-ballooning-us-national-debt-in-q2.html

And if you’ve been wondering why we’re drowning billionaires… “The US national debt has ballooned so fast to $35.3 trillion – by $12.0 trillion since January 2020 ” is why.